First Republic Bank seized, sold to JPMorgan Chase

5 Things to Know Before Markets Open JPMorgan Chase will buy First Republic Bank assets after an FDIC takeover. U.S.

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stock futures were flat heading into a week highlighted by the April jobs report and a Federal Reserve decision on interest rate hikes.

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First Republic Is Sold: What to Know First Republic is the second-largest bank by assets to fail in U.S. history

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Is my money safe? What you need to know about bank failures

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Regulators seized troubled First Republic Bank early Monday and sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off further banking turmoil in the U.S.

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How big is First Republic Bank? As of April 13, First Republic had approximately $229 billion in total assets and $104 billion in total deposits, the FDIC said.

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